Petmed Express Stock Return On Equity
| PETS Stock | USD 4.55 0.05 1.09% |
PetMed Express fundamentals help investors to digest information that contributes to PetMed Express' financial success or failures. It also enables traders to predict the movement of PetMed Stock. The fundamental analysis module provides a way to measure PetMed Express' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to PetMed Express stock.
| Last Reported | Projected for Next Year | ||
| Return On Equity | 0 | 0 |
PetMed | Return On Equity |
PetMed Express Company Return On Equity Analysis
PetMed Express' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current PetMed Express Return On Equity | -0.0228 |
Most of PetMed Express' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, PetMed Express is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
PetMed Return On Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for PetMed Express is extremely important. It helps to project a fair market value of PetMed Stock properly, considering its historical fundamentals such as Return On Equity. Since PetMed Express' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of PetMed Express' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of PetMed Express' interrelated accounts and indicators.
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For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
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PetMed Total Stockholder Equity
Total Stockholder Equity |
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Based on the latest financial disclosure, PetMed Express has a Return On Equity of -0.0228. This is 99.9% lower than that of the Specialty Retail sector and significantly lower than that of the Consumer Discretionary industry. The return on equity for all United States stocks is 92.65% lower than that of the firm.
PetMed Return On Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses PetMed Express' direct or indirect competition against its Return On Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of PetMed Express could also be used in its relative valuation, which is a method of valuing PetMed Express by comparing valuation metrics of similar companies.PetMed Express is currently under evaluation in return on equity category among related companies.
PetMed Express ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, PetMed Express' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to PetMed Express' managers, analysts, and investors.Environmental | Governance | Social |
PetMed Fundamentals
| Return On Equity | -0.0228 | |||
| Return On Asset | -0.0068 | |||
| Profit Margin | (0.01) % | |||
| Operating Margin | (0.05) % | |||
| Current Valuation | 46.04 M | |||
| Shares Outstanding | 21.15 M | |||
| Shares Owned By Insiders | 4.29 % | |||
| Shares Owned By Institutions | 71.70 % | |||
| Number Of Shares Shorted | 4.72 M | |||
| Price To Earning | 12.75 X | |||
| Price To Book | 0.78 X | |||
| Price To Sales | 0.33 X | |||
| Revenue | 256.86 M | |||
| Gross Profit | 78.08 M | |||
| EBITDA | 2.12 M | |||
| Net Income | 233 K | |||
| Cash And Equivalents | 105.41 M | |||
| Cash Per Share | 5.21 X | |||
| Current Ratio | 5.61 X | |||
| Book Value Per Share | 4.90 X | |||
| Cash Flow From Operations | 27.8 M | |||
| Short Ratio | 11.80 X | |||
| Earnings Per Share | (0.37) X | |||
| Price To Earnings To Growth | 2.58 X | |||
| Target Price | 7.75 | |||
| Number Of Employees | 302 | |||
| Beta | 0.74 | |||
| Market Capitalization | 97.18 M | |||
| Total Asset | 164.12 M | |||
| Retained Earnings | 105.49 M | |||
| Working Capital | 94.95 M | |||
| Current Asset | 67.63 M | |||
| Current Liabilities | 7.08 M | |||
| Annual Yield | 0.13 % | |||
| Five Year Return | 3.99 % | |||
| Net Asset | 164.12 M | |||
| Last Dividend Paid | 0.9 |
About PetMed Express Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze PetMed Express's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of PetMed Express using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of PetMed Express based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with PetMed Express
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PetMed Express position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PetMed Express will appreciate offsetting losses from the drop in the long position's value.Moving together with PetMed Stock
| 0.77 | FL | Foot Locker | PairCorr |
| 0.74 | HD | Home Depot Financial Report 21st of May 2024 | PairCorr |
| 0.66 | DLTH | Duluth Holdings Financial Report 6th of June 2024 | PairCorr |
Moving against PetMed Stock
| 0.67 | TLF | Tandy Leather Factory | PairCorr |
| 0.58 | GPC | Genuine Parts | PairCorr |
| 0.55 | PIK | Kidpik Corp | PairCorr |
The ability to find closely correlated positions to PetMed Express could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PetMed Express when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PetMed Express - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PetMed Express to buy it.
The correlation of PetMed Express is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PetMed Express moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PetMed Express moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PetMed Express can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out PetMed Express Piotroski F Score and PetMed Express Altman Z Score analysis. For more information on how to buy PetMed Stock please use our How to Invest in PetMed Express guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for PetMed Stock analysis
When running PetMed Express' price analysis, check to measure PetMed Express' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PetMed Express is operating at the current time. Most of PetMed Express' value examination focuses on studying past and present price action to predict the probability of PetMed Express' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PetMed Express' price. Additionally, you may evaluate how the addition of PetMed Express to your portfolios can decrease your overall portfolio volatility.
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Is PetMed Express' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of PetMed Express. If investors know PetMed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about PetMed Express listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.59) | Dividend Share 0.9 | Earnings Share (0.37) | Revenue Per Share 13.599 | Quarterly Revenue Growth 0.11 |
The market value of PetMed Express is measured differently than its book value, which is the value of PetMed that is recorded on the company's balance sheet. Investors also form their own opinion of PetMed Express' value that differs from its market value or its book value, called intrinsic value, which is PetMed Express' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because PetMed Express' market value can be influenced by many factors that don't directly affect PetMed Express' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between PetMed Express' value and its price as these two are different measures arrived at by different means. Investors typically determine if PetMed Express is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PetMed Express' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.